Produce the same revenue as selling the nuts


Question:

A store sells almonds fo $6 a pound, cashews for $5 a pound, and peanuts for $2 a pound. One week the manager decides to prepare 100 16-ounce packages of nuts by mixing 40 pounds of peanuts with some almonds and cashews. Each package will be sold for $4. How many pounds of almonds and cashews should be mixed with the peanuts so that the mixture will produce the same revenue as selling the nuts separately?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Produce the same revenue as selling the nuts
Reference No:- TGS02079516

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)